This market will resolve to "Yes" if it is announced that Sergio "Checo" Perez will leave Red Bull Racing for the 2025 F1 Season by December 31, 2024 at 11:59 PM ET. Otherwise, this market will resolve to "No".

Note: If it is announced that Perez will leave Red Bull Racing, reguardless of if his next team getting announced, this market will resolve to "Yes".

The resolution source will be official statements from Red Bull Racing and Sergio Pérez and his official representatives, however a consensus of credible reporting may also be used.